Welcome to the IARDTM website. This site provides investment adviser firms and representatives with a variety of information about the IARD system. The Investment Adviser Registration Depository (IARD) is an electronic filing system that facilitates investment adviser registration, exempt reporting adviser filing, regulatory review, and the public disclosure information of investment adviser firms. FINRA is the developer and operator of the IARD system. The system has been developed according to the requirements of its sponsors, the Securities and Exchange Commission (SEC) and the North American Securities Administrators Association (NASAA), along with those of an Industry Advisory Council representing the investment adviser firms.

Information geared to the investing public can be found on the SEC website under the “Investor Information” section.

What’s New on IARD

Please look to this area of the home page on a frequent basis for regular updates, new information, and documents about how to use the IARD system. IARD is generally available from 7 a.m. to 11 p.m., Eastern Time (ET), Monday through Friday. Please refer to the IARD Availability Schedule for detailed weekend and holiday availability.
  • Annual Updating Amendments
    Investment advisers registered with the U.S. Securities and Exchange Commission (SEC) are generally required to submit their annual updating amendments within 90 days of their firms' fiscal year-end. If your firm's fiscal year ended on December 31, 2013, and your firm is required to submit an annual updating amendment online via IARD by March 31, 2014, please ensure that your firm has sufficient funds in its FINRA Flex-Funding Account to cover the system processing fee owed.

    Please Note: Effective February 1, 2014, FINRA changed its banking services, and as a result, the check, ACH and wire transfer payments process has changed. Please review the updated payment options and instructions for funding your firm's Flex-Funding Account, which include E-Bill, wire transfer or check.

  • Minnesota Begins Requiring RAs Registration
    Effective November 1, 2013, Minnesota is requiring the registration of RAs through IARD. Additional information on this requirement may be found on the Minnesota Department of Commerce website.

  • Form ADV-E Guidance for Independent Public Accountants
    A quick reference guide to the Form ADV-E Surprise Examination Filing Website is now available for independent public accountants conducting a surprise inspection of an investment adviser firm.

  • FINRA.org: Add to Safe-Sender Email List
    NASD and NYSE Member Regulation consolidated to form a single self-regulatory organization for the securities industry known as FINRA, the Financial Industry Regulatory Authority. FINRA is now the operator of the IARD system on behalf of the IARD program sponsors which are the SEC and NASAA. In order to ensure consistent delivery of FINRA emails to your inboxes, please add our email domain, FINRA.org to your firm's safe-sender list as soon as possible. If your email application requires you to enter individual email addresses to your safe-sender list in addition to, or in lieu of, an email domain, please add the following addresses:

    Also, if you are an SEC-registered IA firm, please add: SECIARDNotifications@finra.org

  • SEC Hedge Fund Rule Update:
    Visit the SEC website for information on Staff Guidance for Interim Completion of Part 1A of Form ADV, Item 7.B. and Schedule D, Section 7.B.